Kalyani Forge Ltd

The investor presentation for Kalyani Forge Limited's Q2 FY27 highlights strong financial performance, with H1 FY27 PBT at ₹9.39 Cr, up 118.8% YoY, and PAT at ₹6.64 Cr, up 86.7% YoY. Q2 FY27 EBITDA margin reached 14.2%, up 158 bps YoY, despite planned disruptions like the 2500T press reconditioning and driveline plant relocation, which reduced sequential revenue by 18.5%. Sales by product group show Engine contributing 73% of sales, up from 55% YoY, while Trucks grew 75% YoY to ₹23.3 Cr, now 43% of sales. The company reported a ₹45 Cr funding plan to strengthen liquidity, with FY27 capex at ₹30 Cr focused on ramp-up programs and new business. Business mix optimization efforts include exiting low-volume, non-core segments and prioritizing high-value OEM accounts. The presentation also outlines strategic initiatives like expanding machining capacity, launching new product lines, and focusing on high-growth segments such as EV platforms and AI data center applications. Management emphasized structural gains from cost optimization and operational efficiency, with recovery on track as production normalizes and new orders ramp up.

The presentation emphasizes strong financial performance, margin expansion, and strategic growth initiatives despite planned disruptions.